VantageMarkets

EURUSD - Major resistance at 1.0620

Short
VANTAGE:EURUSD   Euro / U.S. Dollar
US CPI NUMBER TODAY - EXPECT EXTREME VOLATILITY

EURUSD - Intraday - We look to Sell at 1.0620 (stop at 1.0670)

The rally was sold and the dip bought resulting in mild net gains yesterday. Buying posted in Asia. The medium term bias remains bearish. Bespoke resistance is located at 1.0620. Bespoke resistance is located at 1.0640. Trading within a Bearish Ascending Wedge. The measured move target is 0.9935.

Our profit targets will be 1.0460 and 0.935

Resistance: 1.0620 / 1.0640 / 1.0751
Support: 1.0460 / 1.0210 / 0.9935

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